Singapore's non-oil domestic exports (NODX) advanced by 7% year-on-year in July of 2022, beating market consensus of a 6% gain, after a downwardly revised 8.5% gain in June. Sales of electronic products grew much faster (10.3% vs 4.1%), including ICs (18.5%), parts of ICs (83.2%), and disk media products (110.2). Meanwhile, sales of non-electronic products continued to rise (6.1% vs 10.0% in June), with specialised machinery, recording the biggest upward contributor (12.2%), followed by pharmaceuticals (9.0%). Among trading partners, exports climbed to the US (10.9%), Taiwan (24.4%), Malaysia (29.9%), Indonesia (22.8%), South Korea (22.4%), and the EU (22.9%), while decreased to Japan (-15.3%), China (-21.3%) and Hong Kong (-3.8%). source: Statistics Singapore

Domestic Exports of Non Oil (nodx) (%yoy) in Singapore averaged 9.77 percent from 1977 until 2021, reaching an all time high of 70 percent in February of 1980 and a record low of -34.90 percent in January of 2009. This page includes a chart with historical data for Singapore Domestic Exports of Non Oil (nodx) (%yoy). Singapore Non-oil Domestic Exports (NODX) YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Domestic Exports of Non Oil (nodx) (%yoy) in Singapore is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Non-oil Domestic Exports (NODX) YoY is projected to trend around 7.79 percent in 2022, according to our econometric models.

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Singapore Non-oil Domestic Exports (NODX) YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-07-18 12:30 AM Jun 9% 12% 6.7%
2022-08-17 12:30 AM Jul 7% 8.5% 6%
2022-09-16 12:30 AM Aug 7%


Related Last Previous Unit Reference
Balance of Trade 3434.74 4428.91 Million SGD Jul 2022
Current Account 27464.90 28711.20 SGD Million Jun 2022
Current Account to GDP 17.60 14.30 percent of GDP Dec 2020
Exports 65418.54 63909.98 Million SGD Jul 2022
Imports 61983.80 59481.07 Million SGD Jul 2022
External Debt 2441891.50 2390923.10 SGD Million Mar 2022
Terms of Trade 101.66 99.57 points Jun 2022
Capital Flows 101647.30 76339.80 SGD Million Jun 2022
Foreign Direct Investment 36890.60 34913.40 SGD Million Mar 2022
Domestic Exports of Non Oil (nodx) (%yoy) 7.00 8.50 percent Jul 2022

Singapore Non-oil Domestic Exports (NODX) YoY
In Singapore, Non-oil Domestic Exports (NODX) can be divided in Electronic Products, such as ICs, Disk Media Products, PCs, Parts of PCs, and Diodes & Transistors; and Non-Electronic Products, particularly chemicals, such as petrochemicals and pharmaceuticals.
Actual Previous Highest Lowest Dates Unit Frequency
7.00 8.50 70.00 -34.90 1977 - 2022 percent Monthly
Not Seasonally Adjusted

News Stream
Singapore NODX Rises More than Expected
Singapore's non-oil domestic exports (NODX) advanced by 7% year-on-year in July of 2022, beating market consensus of a 6% gain, after a downwardly revised 8.5% gain in June. Sales of electronic products grew much faster (10.3% vs 4.1%), including ICs (18.5%), parts of ICs (83.2%), and disk media products (110.2). Meanwhile, sales of non-electronic products continued to rise (6.1% vs 10.0% in June), with specialised machinery, recording the biggest upward contributor (12.2%), followed by pharmaceuticals (9.0%). Among trading partners, exports climbed to the US (10.9%), Taiwan (24.4%), Malaysia (29.9%), Indonesia (22.8%), South Korea (22.4%), and the EU (22.9%), while decreased to Japan (-15.3%), China (-21.3%) and Hong Kong (-3.8%).
2022-08-17
Singapore NODX Growth Eases in June
Singapore's non-oil domestic exports (NODX) grew by 9% year-on-year in June of 2022, slowing from a downwardly revised 12.0% surge in May, which was the strongest pace in four months, and compared to market consensus of a 6.7% gain, due to lower increases in sales of both electronic and non-electronic products. Sales of electronic products increased much less (4.1% vs 12.9%), including ICs (26.0%), parts of ICs (86.1%), and disk media products (18.0). Meanwhile, sales of non-electronic products rose softer (10.6% vs 11.7% in May), with food preparations recording the biggest upward contributor (48.0%), followed by measuring instruments (30.9%) and petrochemicals (21.1%). Among trading partners, exports grew to Japan (18.6%), the US (21.5%), Taiwan (10.0%), Malaysia (43.0%), Indonesia (21.6%), and China (4.8%), while declined to South Korea (-8.1%), Hong Kong (-17.9%), Thailand (-41%), and the EU (-16.4%).
2022-07-18
Singapore NODX Growth Strongest in 4 Months
Singapore's non-oil domestic exports (NODX) surged by 12.4% year-on-year in May of 2022, after a 6.4% rise in April, which was the softest pace in 12 months, and easily beating market consensus of a 7.6% gain. It was the strongest growth in NODX since January, due to higher increases in sales of both electronic and non-electronic products. Sales of non-electronic products rose much faster (12.2% vs 4.6% in April), with non-monetary gold recording the biggest upward contributor (344.4%), followed by measuring instruments (38.0%), and specialised machinery (26.4%). Meanwhile, sales of electronic products accelerated slightly (12.9% vs 12.8%), including ICs (26.6%), parts of ICs (116.3%), and disk media products (10.3). Among trading partners, exports grew to Japan (15.4%), Taiwan (24.7%), Malaysia (27.9%), Indonesia (41.4%), Thailand (28.8%), and China (0.2%), while declined to the US (-9.6%), South Korea (-1.9%), Hong Kong (-5.9%), and the EU (-6.6%).
2022-06-17